BMC Software buys San Diego's Coradiant

Coradiants technology monitors applcations

Coradiant, a San Diego company that makes software to monitor application performance, has been acquired by BMC Software of Houston for an undisclosed price.

BMC, a publicly traded firm, said Coradiant’s Web application software will beef up BMC’s business service management platform. The addition aims to give corporate information technology departments a way to determine if their Web software is causing problems that negatively impact the business. Its technology allows customers to track the performance of on-premises, virtual and cloud-based applications.

A BMC spokesman refused to reveal Coradiant's revenue, number of employees or plans for the San Diego operation. Founded in 2007, the company raised $42 million in venture capital by 2007, based on an interview at the time with chief executive Brett Helm by the Union Tribune. Investors included Mesirow Financial Private Equity, Desjardins, Doll Capital Management, GrandBanks Capital and Miramar Venture Partners.